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A Major Boost for EVgo This conditional loan guarantee is a lifeline for EVgo, a company that’s currently facing challenges related to high capitalcosts. This program, which has roughly $70 billion in loan authority, plays a pivotal role in supporting green technologies.
Questions remain over who will bear certain brand costs, such as the cost of demo vehicles, training and gross margins. Equally, the significant capitalcost of the agency model could discourage manufacturers, and make them think again.
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